Housing Finance in South Sudan

Overview

South Sudan has a limited housing finance sector. As the mortgage market does not yet meet the breadth of the population who might afford a mortgage, most households still finance their housing independently, with savings or non-mortgage credit.

The lowest recorded interest rate on a mortgage in South Sudan is 15 percent, as of September 2016, and requires at least a 30 percent down payment. The cheapest newly built house by a developer recorded by CAHF is US$ 15 000, which is for a 120 square metre unit. Cement prices are the highest recorded by CAHF on the continent, at US$ 50.10 for a 50-kilogram bag.

With an urbanisation rate of 4.67 percent, demand for affordable housing will remain strong, both for rental and purchase. Housing microfinance will play an important role in increasing the supply of housing, and efforts to increase access should be undertaken. South Sudan lacks the stability to allow for long-term lending that housing finance market growth depends on. Public sector employees form a potential market for increased housing lending, and a newly launched credit bureau should enable greater access to finance in the coming years. With a good macroeconomic environment, sound policy, better data and increased access to affordable credit, an enabled housing market can increasingly provide housing that the average household in South Sudan can afford.

Find out more information on the housing finance sector of South Sudan, including key stakeholders, important policies and housing affordability:


Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2016 edition, which has up-to-date profiles for 51 African countries.

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